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WELPLAN PENSIONS TO EXIT MASTER TRUST MARKET

Tuesday, March 26, 2019

Penrith, 26 March 2019 – Welplan will exit the master trust market and re-focus on continuing to grow its long-standing employee benefits business. The decision comes in direct response to the Pensions Regulator’s new authorisation regime, which has made pursuing Master Trust authorisation...

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GOOD ADVICE IS CRUCIAL TO SMEs WHEN CHOOSING AN AUTO-ENROLMENT PROVIDER

Wednesday, November 21, 2018

British SMEs prize value-for-money from their providers – but at the purchasing stage, what SMEs want is a good recommendation. Welplan worked with Opinium to question 500 senior decision makers at SMEs who use more than 28 different master trust providers in September and October 2018.  When asked...

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HALF OF SMEs HAVE ALREADY SWITCHED AUTO ENROLMENT PROVIDER

Wednesday, October 31, 2018

New research from Welplan Pensions, the master trust for small- and medium-sized businesses, reveals a fluid auto-enrolment landscape. Rather than being trapped by inertia, smaller businesses view switching providers as normal practice. With one in two SMEs already having switched provider, a...

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WORKERS HAVE SIX MONTHS TO FIND AVERAGE OF £572

Monday, October 8, 2018

On 6 April 2019, the minimum contribution for workers in an auto enrolled pension jumps from 5% to 8%, with employers paying 3% (up from 2%) and workers paying 5% (up from 3%). That jump of 2% for workers equates to an extra £572[i] a year for anyone earning the UK’s average salary.  While there is...

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Protect yourself from pension scams

Monday, September 3, 2018

There has been a lot of focus in the news recently about the growing number of people falling prey to scams designed to target pension savings. Welplan Pensions is pleased to support a campaign being run by the Financial Conduct Authority and the Pensions Regulator, aimed at increasing awareness of...

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